Found inside – Page 9The Person to whom Money is due from another , is sometimes called Creditor , sometimes Usurer , sometimes Mortgagee : And the Person owing fueh Money is ... Found inside – Page 7These funds come from either issuing stock or borrowing money. ... The person to whom the corporation owes money is called a creditor. Found inside – Page 3The the cheapest credit . debtor may not have the cash to make the This ... borrows money through bonds sold someone else's money is called interest ... Found inside – Page 451of goods of each owner is known ( for example , where farmers put grain in an elevator ) each owner is seen to own an amount of ... A more complicated scenario arises when a person unites his labor or property with the property of another . ... 64 Nature of a Security Interest Personal property , like real property , can be encumbered in order to borrow money . ... the creditor to take the secured property in the event that the debtor does not pay back the money the creditor has loaned . Found inside – Page 87332 of its Report to the following so - called " irregularity " : “ There was , in most cases , no indebtedness ... his indebtedness — the creditor will then be in a position to re - lend the money , which he ( not the debtor ) receives , either to the same debtor or to someone else . ... Eighthly , the cleverest debtors are those who borrow money from their creditors not because they are in need but in order to expand ... Found insidecreditor A person to whom a debt is owed 169 The law governing debt financing ... instead of borrowing or issuing shares in return for the money to buy the ... Found inside – Page 10Creditor: Creditor is a person, entity, organization or an institution that lends ... debt instrument offered by a firm to borrow money or raise capital. Found inside – Page 424( a ) The equation of exchange ( b ) The quantity theory of money ( c ) Nonmonetary explanations ( 3 ) Proposals to prevent shifts in the price level . ( 4 ) Proposals to ... It is generally called “ inflation . ” The Austrian ... This injustice was most pronounced in the case of debtors and creditors . When a person borrows money he enters into a contract which runs in terms of the monetary unit in use . He almost ... Found inside – Page 1466... or to settle an estate , the Court may direct that the creditors of such decedent , partnership or corporation be called in the assets of ... sold in such action to payment of debts of such creditor ; that the failure of any creditor of a decedent person to file proof of his debts as ... authority to borrow money and secure payment thereof , and authority to establish , accept and support public libraries , and to levy a ... Found inside – Page 634For Example, if you borrow money from a bank to buy a car, the bank takes ... The buyer on credit or the borrower is called the debtor. creditor–person ... Found inside – Page 15Once one of the numerical tests is satisfied , the person is also a creditor for the other type of credit . For example , in 1983 ... Some employee savings plans permit participants to borrow money up to a certain percentage of their account balances . Unless each ... the issuers of so - called travel and entertainment cards that expect repayment at the first billing and do not impose a finance charge . Since all ... Found inside – Page 472Also called lending facility credit freeze FINANCE period when government ... slip creditor FINANCE somebody you owe money for goods or services a person or ... Found inside – Page 107BANKRUPTCY 107 1 governments and corporations when they borrow money are like promissory notes given by ... During the Civil War Congress issued paper money called “ Greenbacks ” which were really non - interest bearing notes . ... Bankruptcy laws provide for the distribution of a debtor's assets among his creditors when he is unable to discharge his ... Any natural person , and any corporation except a bank , a building and loan association , a railroad , graved coupons , and ... Found inside – Page 6-459Paragraph 2 ( a ) ( 17 ) ( iv ) example , in 1983 a person extends consumer credit secured by a dwelling five times . That verson is a creditor for all succeeding credit extensions , whether they involve credit secured by a dwelling or not . 1. ... Some employee savings plans permit participants to borrow money up to a certain percentage of their account balances . ... This includes , for example , the issuers of so - called travel and entertainment cards that expect repayment at the first billing ... Found inside – Page 93... he became what was called his creditor's addictus . If , on the other hand , a person , in borrowing money of another , disposed of himself and all that ... Found inside – Page 1The Money lent is called Principal , the Money paid for the Use is called ... The Person to whom Money is due from another , is sometimes called Creditor ... Found inside – Page 147... country called , simple contract debts , of a person borrowing money ? ... In order to secure to the creditor the right of hypothéque , he generally ... Found inside – Page 125USING CREDIT: ANOTHER KIND OF BORROWING Credit is the use of someone else's money to buy goods or services today with the promise to repay the money at a ... Found inside – Page 222A mortgage is technically called a purchase money mortgage when it is used for the specific purpose of buying land . ( The term ... A creditor is a person to whom money is owed . A debtor is the ... VA loans operate this way . If you give a ... Found inside – Page 147What is the form in which a person in Canada in possession of real property borrows money ? -In order to secure to the creditor the right of hypothéque ... Found inside – Page 18Debtor: one who owes money 3. Credit: the right to borrow 4. Creditor: the one who gives credit to another 5. Borrow: to enter into a contract to rent money for a specified time period, with the rent being called interest 6. Bankrupt: the inability ... Found inside – Page 404Many health care organizations also borrow money from financing and factoring companies , using their accounts ... Rather , it would be a general creditor and would share the assets of the organization with all the other general creditors . ... The buyer of the receivables , called the factor or the factoring agent , then takes on the risk that patients or third - party ... This is a form of borrowing in which the borrower issues a financial security that can be traded by the lender to someone else . Found inside – Page 162When you buy something on credit or borrow money , you are protected by several consumer laws ... The person to whom you owe money is called the creditor . Found inside – Page 210is a statement of promise to pay a sum of money at a definite rate of interest at a certain time . ... the courts to adjudge them bankrupt in order to discharge them from their obligations , upon an agreement to pay their creditors a percentage of their debts . ... When a corporation wishes to borrow a large sum of money for several years , it usually mortgages its property to a person or bank called a trustee . Found inside – Page 658Under that act there one called “ Time Sale Agreements ” , and the is machinery for questioning the reasonableother called “ Loan Agreements ” . ... or agreement made in ( e ) loans made by treasury branches established respect of the money lent , and , if the creditor under ... dishonest concealment of material facts induced or attempted to induce any person vai Where upon or to borrow money or to be ... Found inside – Page 113You may want to borrow money some day . ... His creditors , as you are aware , will take everything that he has and share it amongst them . ... But if he has made it expressly for the benefit of his wife or children , the creditors cannot touch it . ... he may “ attach , " as it is called in England , or “ arrest , " as it is called in Scotland , any money or security of Robinson's which is in the hands of a third party . Found inside – Page 380The corporation borrowing the money is called a debtor or borrower. The amount owed to the creditor is a liability of the corporation; however, ... Found insideThe Person to whom Money is due from another , is sometimes called Creditor , fumetimes * Usurer , sometimes Mortgagee : And the Person ... Found inside – Page 318The creditor might ask for security in the form of real estate, in which case ... A person who borrows money to complete a real estate purchase and gives an ... Found inside – Page 167Debt financing occurs when a company enters into a contract to borrow money from another person, typically a bank, which lends money to the company. Found inside – Page 13The creditor shows the employer the erally the assignment of wages in Illioriginal or photostatic copy of the As The ... Under the provides that the creditor can take the employer received the Demand Small Loans Act , the creditor is not part of the person's wage directly from on Employer . ... called a Wage Assignment should pay the money he has with the following are delivered to the when he borrows or ... This invaluable guide covers secured and unsecured credit, how to calculate interest, understanding statements, choosing the right card, fees, billing cycles, minimum payments, balance transfers, and cash advances. Found insideThis money, called debt, must be repaid. A creditor is a person or business that loans money to others. Creditors charge money for this service in the form ... Found inside – Page 147What is the form in which a person in Canada in possession of real property borrows money ? -In order to secure to the creditor the right of hypothéque ... Found inside – Page 6The Person to whom Money is due from another , is sometimes called Creditor , sometimes , Ufurer , sometimes Mortgagee : - And the Person owing such Money ... Found inside – Page 28The second party is frequently called a debtor or borrower. The first party is the creditor, which is the lender of property, service or money. Found inside – Page 26This area of the law (bankruptcy and creditors' rights) is highly complex. ... call someone who borrows money a “borrower.” A person who is owed a debt has ... Found inside – Page 237Even where money is used a very considerable trade In mediæval charters debitale was used in the same is always carried on by barter . ... the meaning of the creditor's right of action . the debts are equally settled . ... that is called a debt , debts being formerly considered as of money under the old system of settling bankers ' debts . mere rights of action . ... This is a good general definition , and the whatever gives a So Williams says— “ Every person who borrows money profit must be ... Found insideBuying goods on credit and borrowing money have become increasingly prevalent. ... It bills are not paid on time and a creditor seeks to collect the amount ... Found inside – Page 4Any exchange of money or / and goods and services ( money's worth ) between two ... This another person who has to receive the money is called a creditor . Found inside – Page 4There is a little thing called "interest" that spells profit to them. They want to ... They are not terribly concerned with how badly you need it, or how much you deserve it, or what a decent person you are. Your friend or ... What we are getting at is this: Borrowing money is just like any other business deal. You are ... So, to the best of your ability, you should approach your prospective creditor as an equal. That ... Found inside – Page 267The plaintiffs never became parties to , or entitled to benefits under , the assignment for the benefit of creditors , so far as appears . ... The Restatement of Security , § 82 , defines suretyship as “ the relation which exists where one person has undertaken an ... Suretyship by operation of law ( sometimes called " quasi suretyship ” ) comes into being when a third party contracts ... For example , R borrows money from E and executes a mortgage on blackacre to secure the indebtedness . Found inside – Page 129He gave the borrower for this purpose an action called actio pigneraticia and this informal pledge was known as pignus . ... Thus in the result the owner could borrow money , simply by cffering sufficient security to the creditor , without giving possession of the property to him . ... a general lien could be created over the whole of a person ' s property and was sometimes implied by law although there was no ... 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